Wisconsin Central Gets U.s. Ok To Buy Track

November 07, 1991

Wisconsin Central Ltd. of Rosemont said it received Interstate Commerce Commission approval to buy two track segments in northern Wisconsin that would let the 2,000-mile Chicago-based regional railroad compete for traffic in the Duluth, Minn.-to-Chicago corridor. Wisconsin Central plans to acquire the 102- mile Ladysmith-to-Superior, Wis., line from Soo Line Railroad Co. for $15.75 million. In a related decision, the ICC also approved the railroad`s plans to buy the 97-mile line of Chicago and North Western Transportation Co. between Cameron and Superior, Wis., for $5.8 million.